Earned Income Tax Credit Reminder

{Frankfort, Kentucky}...Governor Steve Beshear has issued his annual reminder about the earned income tax credit that’s available to low- and middle-income families. Beshear says he wants to make sure all eligible families know about it because it can provide money that can be spent back into the state’s economy. In 2010, nearly 400,000 Kentuckians received $876 million from the tax credit. The average value was $2,200. The IRS says up to 20 percent of eligible workers do not claim the earned income tax credit, but people who made up to $49,078 in 2011 could be eligible.